secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Acquisition Corp. V (LOKV)
CIK:        0002048951
Form:       8-K
Filed at:   2026-06-25T21:23:36+00:00
Accession:  0001193125-26-283064
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 5.06, 9.01, 4.01, 3.02, 3.03, 5.03, 5.01, 5.02, 5.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Teamshares completes de-SPAC merger with Live Oak; $525M stock consideration
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- Aggregate merger consideration of $525M paid in ~52.5M shares of common stock at $10.00/share.
- PIPE investment of ~$126.5M from 13.75M shares issued concurrently with closing.
- Earnout shares of up to 6M additional shares tied to stock price targets of $12, $15, $20 over 5 years.
- Legacy Teamshares preferred holders received stock; out-of-the-money options and warrants terminated.
- Company renamed Teamshares Inc.; common stock and warrants trade on Nasdaq under TMS and TMSWW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2048951/000119312526283064/0001193125-26-283064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2048951/000119312526283064/d148000d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-283064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer